.2 minutes reviewed Last Upgraded: Sep 27 2024|1:55 PM IST.Banking Company of India (BOI) on Friday launched a 400-day fixed down payment scheme as component of its cheery time offerings.Click here to associate with our team on WhatsApp.The banking company is actually offering an interest rate of 8.10 per-cent every annum for the so-called very senior Citizens, 7.95 per-cent for senior citizens, as well as 7.45 per cent for other customers under non-callable down payments (those going beyond Rs 1 crore).Under callable consign a choice of premature withdrawal, the banking company is actually delivering rate of interest of 7.95 per cent per year (p.a.) for very seniors, 7.80 per cent for elderly people as well as 7.30 per cent for other clients. .Key components of the system:.Length: 400 times.Deposit Volume: Lower Than Rs 3 crore.Accessibility: All divisions and also digital channels (BOI Omni Neo Application/ Internet Banking).Qualified depositors: Individual Indians, NRE (Non-Resident Outside) account, and NRO (Non-Resident Ordinary) account owners.Interest rates:.Non-callable down payments (for volumes above Rs 1 crore):.- Super elderly people: 8.10 per cent p.a.- Seniors: 7.95 per cent p.a.- Other consumers: 7.45 per-cent p.a.Callable down payments (along with early drawback option):.- Super elderly people: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Other consumers: 7.30 per cent p.a.Customers thinking about the plan can visit their local BOI division or even make use of the bank's digital systems - BOI Omni Neo Application or even Internet Banking - to open up a taken care of down payment under this scheme.List of recently changed rates of interest by BOI:
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Very First Posted: Sep 27 2024|1:55 PM IST.